The 'Organisation for Economic Co-operation and Development' is headquartered in: MCQ with Answer and Explanation

The 'Organisation for Economic Co-operation and Development' is headquartered in:
A. Geneva
B. New York
C. London
D. Paris
Answer: Option D
Solution (By JKSSB Mock Tests)
OECD is headquartered in Paris.

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Practice More Economy Set 1 Questions

Question #1
The 'Planning Commission' was set up in 1950 by a resolution of the:
A. Supreme Court
B. President
C. Parliament
D. Government of India

Correct Answer: Option D


Explanation:
The Planning Commission was established by a Cabinet resolution in March 1950.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'corruption perception index' is published by:
A. IMF
B. World Bank
C. Transparency International
D. WEF

Correct Answer: Option C


Explanation:
Transparency International publishes the Corruption Perceptions Index.

This question belongs to: Economy GK Economy Set 1
Question #3
The term 'Reverse Repo Rate' is the rate at which:
A. Government borrows from banks
B. Banks lend to RBI
C. RBI lends to banks
D. Banks borrow from the public

Correct Answer: Option B


Explanation:
Reverse Repo Rate is the rate at which the RBI borrows money from commercial banks, absorbing excess liquidity from the system.

This question belongs to: Economy GK Economy Set 1